<p>Bitcoin b&#432;&#7899;c v&agrave;o n&#259;m 2026 v&#7899;i m&#7897;t r&#7911;i ro v&#297; m&ocirc; r&otilde; r&agrave;ng: ch&iacute;nh s&aacute;ch &aacute;p thu&#7871; c&#7911;a T&#7893;ng th&#7889;ng Donald Trump. Trong n&#259;m 2025, c&aacute;c nh&agrave; giao d&#7883;ch ti&#7873;n m&atilde; h&oacute;a &#273;&atilde; ch&#7913;ng ki&#7871;n tin t&#7913;c v&#7873; thu&#7871; quan &#7843;nh h&#432;&#7903;ng &#273;&#7871;n gi&aacute; c&#7843; nhanh kh&ocirc;ng k&eacute;m d&ograve;ng v&#7889;n ETF.</p>
<p>Hi&#7879;n t&#7841;i &#273;ang c&oacute; nhi&#7873;u ch&iacute;nh s&aacute;ch thu&#7871; chu&#7849;n b&#7883; &aacute;p d&#7909;ng v&agrave;o n&#259;m 2026. M&#7897;t s&#7889; &#273;&atilde; c&oacute; l&#7883;ch tr&igrave;nh c&#7909; th&#7875;, s&#7889; kh&aacute;c c&ograve;n t&ugrave;y thu&#7897;c v&agrave;o &#273;&agrave;m ph&aacute;n v&agrave; tranh ch&#7845;p ph&aacute;p l&yacute;. D&ugrave; theo c&aacute;ch n&agrave;o, c&aacute;c th&ocirc;ng tin n&agrave;y &#273;&#7873;u c&oacute; th&#7875; khi&#7871;n t&acirc;m l&yacute; th&#7883; tr&#432;&#7901;ng chuy&#7875;n t&#7915; &ldquo;&#432;a r&#7911;i ro&rdquo; sang &ldquo;ng&#7841;i r&#7911;i ro&rdquo; ch&#7881; trong v&agrave;i gi&#7901;.</p>
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-how-trump-tariffs-moved-crypto-in-2025">C&aacute;ch thu&#7871; quan c&#7911;a Trump &#273;&atilde; l&agrave;m thay &#273;&#7893;i th&#7883; tr&#432;&#7901;ng crypto trong n&#259;m 2025</h2>

<p><a href="https://vn.beincrypto.com/crypto-markets-trump-eases-china-tariff-threat/" target="_blank" rel="noreferrer noopener">Nh&#7919;ng &#273;&#7907;t t&#259;ng thu&#7871; quan trong n&#259;m 2025</a> &#273;&atilde; nhi&#7873;u l&#7847;n khi&#7871;n th&#7883; tr&#432;&#7901;ng ti&#7873;n s&#7889; &#273;&#7891;ng lo&#7841;t gi&#7843;m m&#7841;nh.</p>
<p>Khi Trump th&ocirc;ng b&aacute;o v&#7873; vi&#7879;c &aacute;p thu&#7871; m&#7899;i l&ecirc;n Mexico, Canada v&agrave; Trung Qu&#7889;c v&agrave;o &#273;&#7847;u th&aacute;ng 02, Bitcoin &#273;&atilde; gi&#7843;m xu&#7889;ng m&#7913;c th&#7845;p nh&#7845;t trong ba tu&#7847;n, g&#7847;n 91,400 USD. Ethereum gi&#7843;m kho&#7843;ng 25% trong ba ng&agrave;y, v&agrave; nhi&#7873;u token h&agrave;ng &#273;&#7847;u m&#7845;t h&#417;n 20% ch&#7881; trong m&#7897;t ng&agrave;y khi nh&agrave; &#273;&#7847;u t&#432; v&#7897;i v&agrave;ng gi&#7843;m r&#7911;i ro.</p>
<img style="height:400px;width:640px;" decoding="async" src="https://assets.beincrypto.com/img/A3CQ5ndrO7D6vqK19Kwyw4CaxqQ=/smart/239cee847ff7446c9daa8039569ca0ff" alt="" class="wp-image-786818">T&#7893;ng v&#7889;n h&oacute;a th&#7883; tr&#432;&#7901;ng ti&#7873;n m&atilde; h&oacute;a trong n&#259;m 2025. Ngu&#7891;n: <a href="https://www.coingecko.com/en/charts" target="_blank" rel="noreferrer noopener nofollow">CoinGecko</a>

<p>Sau &#273;&oacute;, s&#7921; ki&#7879;n s&#7889;c thu&#7871; &ldquo;<a href="https://vn.beincrypto.com/crypto-recovery-trump-liberation-day/" target="_blank" rel="noreferrer noopener">Liberation Day</a>&rdquo; v&agrave;o th&aacute;ng 04 v&agrave; c&#259;ng th&#7859;ng th&#432;&#417;ng m&#7841;i M&#7929; &ndash; Trung n&#7893; ra. Bitcoin t&#7915;ng gi&#7843;m xu&#7889;ng d&#432;&#7899;i 82,000 USD trong th&#7901;i &#273;i&#7875;m t&acirc;m l&yacute; ng&#7841;i r&#7911;i ro l&ecirc;n cao nh&#7845;t, c&ugrave;ng l&uacute;c c&#7893; phi&#7871;u li&ecirc;n quan &#273;&#7871;n ti&#7873;n m&atilde; h&oacute;a c&#361;ng b&#7883; b&aacute;n th&aacute;o.</p>
<p>Tuy nhi&ecirc;n, khi Nh&agrave; Tr&#7855;ng ph&aacute;t t&iacute;n hi&#7879;u c&oacute; th&#7875; t&#7841;m ho&atilde;n &aacute;p thu&#7871;, th&#7883; tr&#432;&#7901;ng ti&#7873;n s&#7889; &#273;&atilde; b&#7853;t t&#259;ng tr&#7903; l&#7841;i. &#272;&#7871;n th&aacute;ng 05, sau khi M&#7929; v&agrave; Trung Qu&#7889;c &#273;&#7841;t th&#7887;a thu&#7853;n t&#7841;m d&#7915;ng chi&#7871;n tranh thu&#7871;, Bitcoin t&#259;ng l&ecirc;n l&#7841;i m&#7913;c tr&ecirc;n 100,000 USD, c&ograve;n ETH c&#361;ng b&#7853;t m&#7841;nh.</p>
<p>C&aacute;c qu&#7929; t&agrave;i s&#7843;n k&#7929; thu&#7853;t s&#7889; c&#361;ng ghi nh&#7853;n d&ograve;ng v&#7889;n m&#7899;i ch&#7843;y v&agrave;o trong giai &#273;o&#7841;n n&agrave;y.</p>
<p>B&agrave;i test c&#259;ng th&#7859;ng nh&#7845;t di&#7877;n ra v&agrave;o th&aacute;ng 10. Khi <a href="https://vn.beincrypto.com/trump-china-tariff-triggers-200-billion-crypto-crash/" target="_blank" rel="noreferrer noopener">Trump nh&#7855;c l&#7841;i v&#7873; thu&#7871; su&#7845;t 100%</a> &#273;&#7889;i v&#7899;i h&agrave;ng nh&#7853;p kh&#7849;u t&#7915; Trung Qu&#7889;c li&ecirc;n quan &#273;&#7871;n ng&agrave;nh c&ocirc;ng nghi&#7879;p &#273;&#7845;t hi&#7871;m, Bitcoin &#273;&atilde; lao d&#7889;c h&#417;n 16% ch&#7881; trong th&#7901;i gian ng&#7855;n.L&#432;&#7907;ng v&#7883; th&#7871; b&#7883; thanh l&yacute; t&#259;ng v&#7885;t, v&#7899;i b&aacute;o c&aacute;o cho th&#7845;y c&oacute; <a href="https://vn.beincrypto.com/crypto-black-friday-was-a-coordinated-attack/" target="_blank" rel="noreferrer noopener">19 t&#7927; USD b&#7883; &ldquo;th&#7893;i bay&rdquo;</a> tr&ecirc;n c&aacute;c s&agrave;n ch&#7881; trong m&#7897;t ng&agrave;y. &#272;&#7871;n th&aacute;ng 12/2025, th&#7883; tr&#432;&#7901;ng v&#7851;n ch&#432;a h&#7891;i ph&#7909;c ho&agrave;n to&agrave;n sau c&uacute; s&#7889;c thanh l&yacute; n&agrave;y.</p>
<img style="height:400px;width:640px;" decoding="async" src="https://assets.beincrypto.com/img/JfVknieSZQTn2CcWCmPv_lrbryY=/smart/42b6e8beac484757856291decba6b677" alt="" class="wp-image-786820" style="width:596px;height:auto">Nh&#7919;ng l&#7847;n b&#7883; thanh l&yacute; l&#7899;n nh&#7845;t trong l&#7883;ch s&#7917; th&#7883; tr&#432;&#7901;ng ti&#7873;n s&#7889;. Ngu&#7891;n: <a href="https://www.coinglass.com/LiquidationData" target="_blank" rel="noreferrer noopener nofollow">Coinglass</a>

<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-1-the-deferred-100-china-tariff-cliff">1. V&aacute;ch &#273;&aacute; thu&#7871; quan 100% Trung Qu&#7889;c b&#7883; ho&atilde;n l&#7841;i</h2>

<p>Ch&iacute;nh s&aacute;ch n&agrave;y s&#7869; &aacute;p thu&#7871; 100% &#273;&#7889;i v&#7899;i t&#7845;t c&#7843; h&agrave;ng nh&#7853;p kh&#7849;u t&#7915; Trung Qu&#7889;c n&#7871;u nh&#432; hai b&ecirc;n kh&ocirc;ng &#273;&#7841;t &#273;&#432;&#7907;c th&#7887;a thu&#7853;n. Trump &#273;&atilde; c&ocirc;ng b&#7889; &yacute; t&#432;&#7903;ng n&agrave;y v&agrave;o th&aacute;ng 10/2025 v&agrave; d&#7901;i th&#7901;i &#273;i&#7875;m th&#7921;c hi&#7879;n v&#7873; cu&#7889;i n&#259;m 2026.</p>
<p>N&#7871;u ch&iacute;nh s&aacute;ch n&agrave;y t&aacute;i k&iacute;ch ho&#7841;t, th&#7883; tr&#432;&#7901;ng s&#7869; d&#7921; &#273;o&aacute;n v&#7873; <a href="https://vn.beincrypto.com/fomc-minutes-crypto-impact-2026/" target="_blank" rel="noreferrer noopener">t&#259;ng tr&#432;&#7903;ng ch&#7853;m h&#417;n v&agrave; l&#7841;m ph&aacute;t kh&oacute; ki&#7875;m so&aacute;t</a>. &#272;i&#7873;u &#273;&oacute; c&oacute; th&#7875; &#7843;nh h&#432;&#7903;ng x&#7845;u &#273;&#7871;n Bitcoin do &#273;i&#7873;u ki&#7879;n t&agrave;i ch&iacute;nh b&#7883; th&#7855;t ch&#7863;t, nh&agrave; &#273;&#7847;u t&#432; ph&#7843;i gi&#7843;m &#273;&ograve;n b&#7849;y v&agrave; t&agrave;i s&#7843;n r&#7911;i ro gi&#7843;m gi&aacute; h&agrave;ng lo&#7841;t.</p>
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-2-a-higher-global-baseline-tariff">2. M&#7913;c thu&#7871; c&#417; b&#7843;n to&agrave;n c&#7847;u cao h&#417;n</h2>

<p>T&#7893;ng th&#7889;ng M&#7929; tr&#432;&#7899;c &#273;&acirc;y t&#7915;ng g&#7907;i &yacute; v&#7873; kh&#7843; n&#259;ng t&#259;ng thu&#7871; nh&#7853;p kh&#7849;u tr&ecirc;n m&#7885;i m&#7863;t h&agrave;ng l&ecirc;n tr&ecirc;n m&#7913;c t&#7889;i thi&#7875;u 10% &#273;&atilde; &aacute;p t&#7915; n&#259;m 2025. Trump c&#361;ng t&#7915;ng tranh c&#7917; v&#7899;i ch&#7911; tr&#432;&#417;ng t&#259;ng thu&#7871; ph&#7893; qu&aacute;t cao h&#417;n n&#7919;a, do &#273;&oacute; r&#7911;i ro n&agrave;y v&#7851;n c&ograve;n hi&#7879;n h&#7919;u.</p>
<p>T&#259;ng m&#7913;c thu&#7871; c&#417; b&#7843;n s&#7869; kh&ocirc;ng c&ograve;n l&agrave; chuy&#7879;n ch&#7881; &ldquo;n&oacute;ng&rdquo; trong m&#7897;t ng&agrave;y. M&agrave; n&oacute; s&#7869; t&#7841;o s&#7913;c &eacute;p li&ecirc;n t&#7909;c &#273;&#7871;n t&acirc;m l&yacute; &#432;a r&#7911;i ro c&#7911;a nh&agrave; &#273;&#7847;u t&#432;.</p>
<p><a href="https://vn.beincrypto.com/bitcoin-performance-trump-vs-biden-comparison/" target="_blank" rel="noreferrer noopener">&#272;&#7889;i v&#7899;i Bitcoin</a>, &#273;i&#7873;u n&agrave;y th&#432;&#7901;ng &#273;&#7891;ng ngh&#297;a v&#7899;i c&aacute;c &#273;&#7907;t t&#259;ng gi&aacute; th&#7845;t th&#432;&#7901;ng, l&#7921;c mua khi gi&aacute; gi&#7843;m nhanh h&#417;n v&agrave; &#273;&#7897; nh&#7841;y c&#7843;m v&#7899;i k&#7923; v&#7885;ng l&atilde;i su&#7845;t ng&agrave;y c&agrave;ng l&#7899;n.</p>
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-3-digital-services-tax-retaliation-tariffs-on-europe">3. Thu&#7871; tr&#7843; &#273;&#361;a &#273;&#7889;i v&#7899;i thu&#7871; d&#7883;ch v&#7909; s&#7889; &#7903; ch&acirc;u &Acirc;u</h2>

<p>&#272;&acirc;y l&agrave; nh&#7919;ng ch&iacute;nh s&aacute;ch &aacute;p thu&#7871; m&#7899;i &#273;&#7889;i v&#7899;i c&aacute;c qu&#7889;c gia &#273;&aacute;nh thu&#7871; d&#7883;ch v&#7909; s&#7889; ho&#7863;c c&aacute;c quy &#273;&#7883;nh t&#432;&#417;ng t&#7921; l&ecirc;n c&ocirc;ng ty c&ocirc;ng ngh&#7879; M&#7929;. Trump t&#7915;ng c&#7843;nh b&aacute;o v&agrave;o n&#259;m 2025 r&#7857;ng c&aacute;c qu&#7889;c gia gi&#7919; nguy&ecirc;n ch&iacute;nh s&aacute;ch n&agrave;y s&#7869; &#273;&#7889;i m&#7863;t v&#7899;i thu&#7871; su&#7845;t &ldquo;&#273;&aacute;ng k&#7875;&rdquo;.</p>
<p>N&#7871;u M&#7929; &#273;&aacute;nh thu&#7871; l&ecirc;n h&agrave;ng h&oacute;a xu&#7845;t kh&#7849;u c&#7911;a EU ho&#7863;c Anh, th&#7883; tr&#432;&#7901;ng ch&#7913;ng kho&aacute;n to&agrave;n c&#7847;u c&#361;ng s&#7869; b&#7883; &#273;i&#7873;u ch&#7881;nh gi&#7843;m. Th&#7883; tr&#432;&#7901;ng ti&#7873;n m&atilde; h&oacute;a th&#432;&#7901;ng s&#7869; ph&#7843;n &#7913;ng theo h&#432;&#7899;ng &ldquo;ng&#7841;i r&#7911;i ro&rdquo; tr&#432;&#7899;c ti&ecirc;n.</p>
<p>Trong n&#259;m 2025, &#273;&#7897;ng th&aacute;i n&agrave;y &#273;&atilde; bi&#7871;n c&aacute;c tin t&#7913;c v&#7873; thu&#7871; quan th&agrave;nh nh&#7919;ng <a href="https://vn.beincrypto.com/bear-market-bitcoin-price-analysis-2026/" target="_blank" rel="noreferrer noopener">c&uacute; s&#7889;c thanh l&yacute; nhanh v&agrave; m&#7841;nh</a> tr&ecirc;n th&#7883; tr&#432;&#7901;ng.</p>
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-4-pharmaceutical-tariffs-that-could-rise-toward-200">4. Thu&#7871; nh&#7853;p kh&#7849;u d&#432;&#7907;c ph&#7849;m c&oacute; th&#7875; t&#259;ng l&ecirc;n g&#7847;n 200%</h2>

<p>Lo&#7841;i thu&#7871; n&agrave;y nh&#7855;m &#273;&#7871;n c&aacute;c lo&#7841;i thu&#7889;c th&#432;&#417;ng hi&#7879;u ho&#7863;c &#273;&atilde; &#273;&#432;&#7907;c c&#7845;p b&#7857;ng s&aacute;ng ch&#7871; nh&#7853;p kh&#7849;u, k&egrave;m m&#7913;c ph&#7841;t cho c&aacute;c c&ocirc;ng ty kh&ocirc;ng chuy&#7875;n s&#7843;n xu&#7845;t v&#7873; M&#7929;. Trump &#273;&atilde; &#273;&#432;a ra m&#7913;c thu&#7871; r&#7845;t cao trong n&#259;m 2025 v&agrave; xem &#273;&oacute; l&agrave; bi&#7879;n ph&aacute;p th&uacute;c &#273;&#7849;y c&ocirc;ng nghi&#7879;p t&#7841;i M&#7929;.</p>
<p>N&#7871;u m&#7913;c thu&#7871; n&agrave;y c&oacute; th&#7875; t&#259;ng l&ecirc;n 200% v&agrave;o n&#259;m 2026, nh&agrave; &#273;&#7847;u t&#432; c&oacute; th&#7875; xem &#273;&acirc;y l&agrave; t&aacute;c nh&acirc;n &#273;&#7849;y l&#7841;m ph&aacute;t. Bitcoin c&oacute; th&#7875; &#273;&#432;&#7907;c n&oacute;i &#273;&#7871;n nh&#432; m&#7897;t k&ecirc;nh ph&ograve;ng h&#7897; trong l&uacute;c l&#7841;m ph&aacute;t t&#259;ng cao, nh&#432;ng th&#7921;c t&#7871; th&#7883; tr&#432;&#7901;ng th&#432;&#7901;ng ph&#7843;n &#7913;ng ng&#432;&#7907;c l&#7841;i: t&agrave;i s&#7843;n r&#7911;i ro b&#7883; b&aacute;n m&#7841;nh khi thanh kho&#7843;n b&#7883; si&#7871;t ch&#7863;t.</p>
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-5-expanded-secondary-tariffs-tied-to-sanctioned-trade">5. Thu&#7871; ph&#7909; b&#7893; sung li&ecirc;n quan &#273;&#7871;n giao d&#7883;ch b&#7883; tr&#7915;ng ph&#7841;t</h2>

 
<p>Thu&#7871; quan th&#7913; c&#7845;p s&#7869; ph&#7841;t c&aacute;c qu&#7889;c gia mua d&#7847;u ho&#7863;c h&agrave;ng h&oacute;a t&#7915; c&aacute;c &#273;&#7889;i th&#7911; c&#7911;a M&#7929;, ngay c&#7843; khi nh&#7919;ng qu&#7889;c gia &#273;&oacute; kh&ocirc;ng ph&#7843;i l&agrave; &#273;&#7889;i t&#432;&#7907;ng tr&#7921;c ti&#7871;p b&#7883; nh&#7855;m &#273;&#7871;n. Trump &#273;&atilde; gi&#7899;i thi&#7879;u kh&aacute;i ni&#7879;m n&agrave;y v&agrave;o n&#259;m 2025 v&agrave; &aacute;p d&#7909;ng n&oacute; trong m&#7897;t s&#7889; tr&#432;&#7901;ng h&#7907;p n&#7893;i b&#7853;t.</p>
<p>N&#7871;u Trump m&#7903; r&#7897;ng c&ocirc;ng c&#7909; n&agrave;y v&agrave;o n&#259;m 2026, s&#7869; c&oacute; th&ecirc;m nhi&#7873;u qu&#7889;c gia b&#7883; l&ocirc;i v&agrave;o &ldquo;cu&#7897;c chi&#7871;n&rdquo; thu&#7871; quan v&agrave; t&#7915; &#273;&oacute; l&agrave;m t&#259;ng s&#7921; b&#7845;t &#7893;n cho to&agrave;n c&#7847;u.</p>
<p>&#272;&#7889;i v&#7899;i Bitcoin, y&#7871;u t&#7889; ch&#7883;u &#7843;nh h&#432;&#7903;ng l&#7899;n nh&#7845;t l&agrave; s&#7921; bi&#7871;n &#273;&#7897;ng. Khi b&#7845;t &#7893;n t&#259;ng cao, th&#7883; tr&#432;&#7901;ng th&#432;&#7901;ng c&oacute; nh&#7919;ng bi&#7871;n &#273;&#7897;ng m&#7841;nh h&#417;n, nhi&#7873;u &#273;&#7907;t b&aacute;n th&aacute;o, qu&aacute; tr&igrave;nh ph&#7909;c h&#7891;i c&#361;ng s&#7869; ch&#7853;m h&#417;n tr&#7915; khi d&ograve;ng ti&#7873;n l&#432;u th&ocirc;ng &#273;&#432;&#7907;c c&#7843;i thi&#7879;n.</p>


5 động thái áp thuế của Trump có thể ảnh hưởng mạnh đến Bitcoin trong năm 2026

<p>Bitcoin b&#432;&#7899;c v&agrave;o n&#259;m 2026 v&#7899;i m&#7897;t r&#7911;i ro v&#297; m&ocirc; r&otilde; r&agrave;ng: ch&iacute;nh s&aacute;ch &aacute;p thu&#7871; c&#7911;a T&#7893;ng th&#7889;ng Donald Trump. Trong n&#259;m 2025, c&aacute;c nh&agrave; giao d&#7883;ch ti&#7873;n m&atilde; h&oacute;a &#273;&atilde; ch&#7913;ng ki&#7871;n tin t&#7913;c v&#7873; thu&#7871; quan &#7843;nh h&#432;&#7903;ng &#273;&#7871;n gi&aacute; c&#7843; nhanh kh&ocirc;ng k&eacute;m d&ograve;ng v&#7889;n ETF.</p>
<p>Hi&#7879;n t&#7841;i &#273;ang c&oacute; nhi&#7873;u ch&iacute;nh s&aacute;ch thu&#7871; chu&#7849;n b&#7883; &aacute;p d&#7909;ng v&agrave;o n&#259;m 2026. M&#7897;t s&#7889; &#273;&atilde; c&oacute; l&#7883;ch tr&igrave;nh c&#7909; th&#7875;, s&#7889; kh&aacute;c c&ograve;n t&ugrave;y thu&#7897;c v&agrave;o &#273;&agrave;m ph&aacute;n v&agrave; tranh ch&#7845;p ph&aacute;p l&yacute;. D&ugrave; theo c&aacute;ch n&agrave;o, c&aacute;c th&ocirc;ng tin n&agrave;y &#273;&#7873;u c&oacute; th&#7875; khi&#7871;n t&acirc;m l&yacute; th&#7883; tr&#432;&#7901;ng chuy&#7875;n t&#7915; &ldquo;&#432;a r&#7911;i ro&rdquo; sang &ldquo;ng&#7841;i r&#7911;i ro&rdquo; ch&#7881; trong v&agrave;i gi&#7901;.</p>
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-how-trump-tariffs-moved-crypto-in-2025">C&aacute;ch thu&#7871; quan c&#7911;a Trump &#273;&atilde; l&agrave;m thay &#273;&#7893;i th&#7883; tr&#432;&#7901;ng crypto trong n&#259;m 2025</h2>

<p><a href="https://vn.beincrypto.com/crypto-markets-trump-eases-china-tariff-threat/" target="_blank" rel="noreferrer noopener">Nh&#7919;ng &#273;&#7907;t t&#259;ng thu&#7871; quan trong n&#259;m 2025</a> &#273;&atilde; nhi&#7873;u l&#7847;n khi&#7871;n th&#7883; tr&#432;&#7901;ng ti&#7873;n s&#7889; &#273;&#7891;ng lo&#7841;t gi&#7843;m m&#7841;nh.</p>
<p>Khi Trump th&ocirc;ng b&aacute;o v&#7873; vi&#7879;c &aacute;p thu&#7871; m&#7899;i l&ecirc;n Mexico, Canada v&agrave; Trung Qu&#7889;c v&agrave;o &#273;&#7847;u th&aacute;ng 02, Bitcoin &#273;&atilde; gi&#7843;m xu&#7889;ng m&#7913;c th&#7845;p nh&#7845;t trong ba tu&#7847;n, g&#7847;n 91,400 USD. Ethereum gi&#7843;m kho&#7843;ng 25% trong ba ng&agrave;y, v&agrave; nhi&#7873;u token h&agrave;ng &#273;&#7847;u m&#7845;t h&#417;n 20% ch&#7881; trong m&#7897;t ng&agrave;y khi nh&agrave; &#273;&#7847;u t&#432; v&#7897;i v&agrave;ng gi&#7843;m r&#7911;i ro.</p>
<img style="height:400px;width:640px;"decoding="async" src="https://assets.beincrypto.com/img/A3CQ5ndrO7D6vqK19Kwyw4CaxqQ=/smart/239cee847ff7446c9daa8039569ca0ff" alt="" class="wp-image-786818">T&#7893;ng v&#7889;n h&oacute;a th&#7883; tr&#432;&#7901;ng ti&#7873;n m&atilde; h&oacute;a trong n&#259;m 2025. Ngu&#7891;n: <a href="https://www.coingecko.com/en/charts" target="_blank" rel="noreferrer noopener nofollow">CoinGecko</a>

<p>Sau &#273;&oacute;, s&#7921; ki&#7879;n s&#7889;c thu&#7871; &ldquo;<a href="https://vn.beincrypto.com/crypto-recovery-trump-liberation-day/" target="_blank" rel="noreferrer noopener">Liberation Day</a>&rdquo; v&agrave;o th&aacute;ng 04 v&agrave; c&#259;ng th&#7859;ng th&#432;&#417;ng m&#7841;i M&#7929; &ndash; Trung n&#7893; ra. Bitcoin t&#7915;ng gi&#7843;m xu&#7889;ng d&#432;&#7899;i 82,000 USD trong th&#7901;i &#273;i&#7875;m t&acirc;m l&yacute; ng&#7841;i r&#7911;i ro l&ecirc;n cao nh&#7845;t, c&ugrave;ng l&uacute;c c&#7893; phi&#7871;u li&ecirc;n quan &#273;&#7871;n ti&#7873;n m&atilde; h&oacute;a c&#361;ng b&#7883; b&aacute;n th&aacute;o.</p>
<p>Tuy nhi&ecirc;n, khi Nh&agrave; Tr&#7855;ng ph&aacute;t t&iacute;n hi&#7879;u c&oacute; th&#7875; t&#7841;m ho&atilde;n &aacute;p thu&#7871;, th&#7883; tr&#432;&#7901;ng ti&#7873;n s&#7889; &#273;&atilde; b&#7853;t t&#259;ng tr&#7903; l&#7841;i. &#272;&#7871;n th&aacute;ng 05, sau khi M&#7929; v&agrave; Trung Qu&#7889;c &#273;&#7841;t th&#7887;a thu&#7853;n t&#7841;m d&#7915;ng chi&#7871;n tranh thu&#7871;, Bitcoin t&#259;ng l&ecirc;n l&#7841;i m&#7913;c tr&ecirc;n 100,000 USD, c&ograve;n ETH c&#361;ng b&#7853;t m&#7841;nh.</p>
<p>C&aacute;c qu&#7929; t&agrave;i s&#7843;n k&#7929; thu&#7853;t s&#7889; c&#361;ng ghi nh&#7853;n d&ograve;ng v&#7889;n m&#7899;i ch&#7843;y v&agrave;o trong giai &#273;o&#7841;n n&agrave;y.</p>
<p>B&agrave;i test c&#259;ng th&#7859;ng nh&#7845;t di&#7877;n ra v&agrave;o th&aacute;ng 10. Khi <a href="https://vn.beincrypto.com/trump-china-tariff-triggers-200-billion-crypto-crash/" target="_blank" rel="noreferrer noopener">Trump nh&#7855;c l&#7841;i v&#7873; thu&#7871; su&#7845;t 100%</a> &#273;&#7889;i v&#7899;i h&agrave;ng nh&#7853;p kh&#7849;u t&#7915; Trung Qu&#7889;c li&ecirc;n quan &#273;&#7871;n ng&agrave;nh c&ocirc;ng nghi&#7879;p &#273;&#7845;t hi&#7871;m, Bitcoin &#273;&atilde; lao d&#7889;c h&#417;n 16% ch&#7881; trong th&#7901;i gian ng&#7855;n.L&#432;&#7907;ng v&#7883; th&#7871; b&#7883; thanh l&yacute; t&#259;ng v&#7885;t, v&#7899;i b&aacute;o c&aacute;o cho th&#7845;y c&oacute; <a href="https://vn.beincrypto.com/crypto-black-friday-was-a-coordinated-attack/" target="_blank" rel="noreferrer noopener">19 t&#7927; USD b&#7883; &ldquo;th&#7893;i bay&rdquo;</a> tr&ecirc;n c&aacute;c s&agrave;n ch&#7881; trong m&#7897;t ng&agrave;y. &#272;&#7871;n th&aacute;ng 12/2025, th&#7883; tr&#432;&#7901;ng v&#7851;n ch&#432;a h&#7891;i ph&#7909;c ho&agrave;n to&agrave;n sau c&uacute; s&#7889;c thanh l&yacute; n&agrave;y.</p>
<img style="height:400px;width:640px;"decoding="async" src="https://assets.beincrypto.com/img/JfVknieSZQTn2CcWCmPv_lrbryY=/smart/42b6e8beac484757856291decba6b677" alt="" class="wp-image-786820" style="width:596px;height:auto">Nh&#7919;ng l&#7847;n b&#7883; thanh l&yacute; l&#7899;n nh&#7845;t trong l&#7883;ch s&#7917; th&#7883; tr&#432;&#7901;ng ti&#7873;n s&#7889;. Ngu&#7891;n: <a href="https://www.coinglass.com/LiquidationData" target="_blank" rel="noreferrer noopener nofollow">Coinglass</a>

<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-1-the-deferred-100-china-tariff-cliff">1. V&aacute;ch &#273;&aacute; thu&#7871; quan 100% Trung Qu&#7889;c b&#7883; ho&atilde;n l&#7841;i</h2>

<p>Ch&iacute;nh s&aacute;ch n&agrave;y s&#7869; &aacute;p thu&#7871; 100% &#273;&#7889;i v&#7899;i t&#7845;t c&#7843; h&agrave;ng nh&#7853;p kh&#7849;u t&#7915; Trung Qu&#7889;c n&#7871;u nh&#432; hai b&ecirc;n kh&ocirc;ng &#273;&#7841;t &#273;&#432;&#7907;c th&#7887;a thu&#7853;n. Trump &#273;&atilde; c&ocirc;ng b&#7889; &yacute; t&#432;&#7903;ng n&agrave;y v&agrave;o th&aacute;ng 10/2025 v&agrave; d&#7901;i th&#7901;i &#273;i&#7875;m th&#7921;c hi&#7879;n v&#7873; cu&#7889;i n&#259;m 2026.</p>
<p>N&#7871;u ch&iacute;nh s&aacute;ch n&agrave;y t&aacute;i k&iacute;ch ho&#7841;t, th&#7883; tr&#432;&#7901;ng s&#7869; d&#7921; &#273;o&aacute;n v&#7873; <a href="https://vn.beincrypto.com/fomc-minutes-crypto-impact-2026/" target="_blank" rel="noreferrer noopener">t&#259;ng tr&#432;&#7903;ng ch&#7853;m h&#417;n v&agrave; l&#7841;m ph&aacute;t kh&oacute; ki&#7875;m so&aacute;t</a>. &#272;i&#7873;u &#273;&oacute; c&oacute; th&#7875; &#7843;nh h&#432;&#7903;ng x&#7845;u &#273;&#7871;n Bitcoin do &#273;i&#7873;u ki&#7879;n t&agrave;i ch&iacute;nh b&#7883; th&#7855;t ch&#7863;t, nh&agrave; &#273;&#7847;u t&#432; ph&#7843;i gi&#7843;m &#273;&ograve;n b&#7849;y v&agrave; t&agrave;i s&#7843;n r&#7911;i ro gi&#7843;m gi&aacute; h&agrave;ng lo&#7841;t.</p>
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-2-a-higher-global-baseline-tariff">2. M&#7913;c thu&#7871; c&#417; b&#7843;n to&agrave;n c&#7847;u cao h&#417;n</h2>

<p>T&#7893;ng th&#7889;ng M&#7929; tr&#432;&#7899;c &#273;&acirc;y t&#7915;ng g&#7907;i &yacute; v&#7873; kh&#7843; n&#259;ng t&#259;ng thu&#7871; nh&#7853;p kh&#7849;u tr&ecirc;n m&#7885;i m&#7863;t h&agrave;ng l&ecirc;n tr&ecirc;n m&#7913;c t&#7889;i thi&#7875;u 10% &#273;&atilde; &aacute;p t&#7915; n&#259;m 2025. Trump c&#361;ng t&#7915;ng tranh c&#7917; v&#7899;i ch&#7911; tr&#432;&#417;ng t&#259;ng thu&#7871; ph&#7893; qu&aacute;t cao h&#417;n n&#7919;a, do &#273;&oacute; r&#7911;i ro n&agrave;y v&#7851;n c&ograve;n hi&#7879;n h&#7919;u.</p>
<p>T&#259;ng m&#7913;c thu&#7871; c&#417; b&#7843;n s&#7869; kh&ocirc;ng c&ograve;n l&agrave; chuy&#7879;n ch&#7881; &ldquo;n&oacute;ng&rdquo; trong m&#7897;t ng&agrave;y. M&agrave; n&oacute; s&#7869; t&#7841;o s&#7913;c &eacute;p li&ecirc;n t&#7909;c &#273;&#7871;n t&acirc;m l&yacute; &#432;a r&#7911;i ro c&#7911;a nh&agrave; &#273;&#7847;u t&#432;.</p>
<p><a href="https://vn.beincrypto.com/bitcoin-performance-trump-vs-biden-comparison/" target="_blank" rel="noreferrer noopener">&#272;&#7889;i v&#7899;i Bitcoin</a>, &#273;i&#7873;u n&agrave;y th&#432;&#7901;ng &#273;&#7891;ng ngh&#297;a v&#7899;i c&aacute;c &#273;&#7907;t t&#259;ng gi&aacute; th&#7845;t th&#432;&#7901;ng, l&#7921;c mua khi gi&aacute; gi&#7843;m nhanh h&#417;n v&agrave; &#273;&#7897; nh&#7841;y c&#7843;m v&#7899;i k&#7923; v&#7885;ng l&atilde;i su&#7845;t ng&agrave;y c&agrave;ng l&#7899;n.</p>
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-3-digital-services-tax-retaliation-tariffs-on-europe">3. Thu&#7871; tr&#7843; &#273;&#361;a &#273;&#7889;i v&#7899;i thu&#7871; d&#7883;ch v&#7909; s&#7889; &#7903; ch&acirc;u &Acirc;u</h2>

<p>&#272;&acirc;y l&agrave; nh&#7919;ng ch&iacute;nh s&aacute;ch &aacute;p thu&#7871; m&#7899;i &#273;&#7889;i v&#7899;i c&aacute;c qu&#7889;c gia &#273;&aacute;nh thu&#7871; d&#7883;ch v&#7909; s&#7889; ho&#7863;c c&aacute;c quy &#273;&#7883;nh t&#432;&#417;ng t&#7921; l&ecirc;n c&ocirc;ng ty c&ocirc;ng ngh&#7879; M&#7929;. Trump t&#7915;ng c&#7843;nh b&aacute;o v&agrave;o n&#259;m 2025 r&#7857;ng c&aacute;c qu&#7889;c gia gi&#7919; nguy&ecirc;n ch&iacute;nh s&aacute;ch n&agrave;y s&#7869; &#273;&#7889;i m&#7863;t v&#7899;i thu&#7871; su&#7845;t &ldquo;&#273;&aacute;ng k&#7875;&rdquo;.</p>
<p>N&#7871;u M&#7929; &#273;&aacute;nh thu&#7871; l&ecirc;n h&agrave;ng h&oacute;a xu&#7845;t kh&#7849;u c&#7911;a EU ho&#7863;c Anh, th&#7883; tr&#432;&#7901;ng ch&#7913;ng kho&aacute;n to&agrave;n c&#7847;u c&#361;ng s&#7869; b&#7883; &#273;i&#7873;u ch&#7881;nh gi&#7843;m. Th&#7883; tr&#432;&#7901;ng ti&#7873;n m&atilde; h&oacute;a th&#432;&#7901;ng s&#7869; ph&#7843;n &#7913;ng theo h&#432;&#7899;ng &ldquo;ng&#7841;i r&#7911;i ro&rdquo; tr&#432;&#7899;c ti&ecirc;n.</p>
<p>Trong n&#259;m 2025, &#273;&#7897;ng th&aacute;i n&agrave;y &#273;&atilde; bi&#7871;n c&aacute;c tin t&#7913;c v&#7873; thu&#7871; quan th&agrave;nh nh&#7919;ng <a href="https://vn.beincrypto.com/bear-market-bitcoin-price-analysis-2026/" target="_blank" rel="noreferrer noopener">c&uacute; s&#7889;c thanh l&yacute; nhanh v&agrave; m&#7841;nh</a> tr&ecirc;n th&#7883; tr&#432;&#7901;ng.</p>
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-4-pharmaceutical-tariffs-that-could-rise-toward-200">4. Thu&#7871; nh&#7853;p kh&#7849;u d&#432;&#7907;c ph&#7849;m c&oacute; th&#7875; t&#259;ng l&ecirc;n g&#7847;n 200%</h2>

<p>Lo&#7841;i thu&#7871; n&agrave;y nh&#7855;m &#273;&#7871;n c&aacute;c lo&#7841;i thu&#7889;c th&#432;&#417;ng hi&#7879;u ho&#7863;c &#273;&atilde; &#273;&#432;&#7907;c c&#7845;p b&#7857;ng s&aacute;ng ch&#7871; nh&#7853;p kh&#7849;u, k&egrave;m m&#7913;c ph&#7841;t cho c&aacute;c c&ocirc;ng ty kh&ocirc;ng chuy&#7875;n s&#7843;n xu&#7845;t v&#7873; M&#7929;. Trump &#273;&atilde; &#273;&#432;a ra m&#7913;c thu&#7871; r&#7845;t cao trong n&#259;m 2025 v&agrave; xem &#273;&oacute; l&agrave; bi&#7879;n ph&aacute;p th&uacute;c &#273;&#7849;y c&ocirc;ng nghi&#7879;p t&#7841;i M&#7929;.</p>
<p>N&#7871;u m&#7913;c thu&#7871; n&agrave;y c&oacute; th&#7875; t&#259;ng l&ecirc;n 200% v&agrave;o n&#259;m 2026, nh&agrave; &#273;&#7847;u t&#432; c&oacute; th&#7875; xem &#273;&acirc;y l&agrave; t&aacute;c nh&acirc;n &#273;&#7849;y l&#7841;m ph&aacute;t. Bitcoin c&oacute; th&#7875; &#273;&#432;&#7907;c n&oacute;i &#273;&#7871;n nh&#432; m&#7897;t k&ecirc;nh ph&ograve;ng h&#7897; trong l&uacute;c l&#7841;m ph&aacute;t t&#259;ng cao, nh&#432;ng th&#7921;c t&#7871; th&#7883; tr&#432;&#7901;ng th&#432;&#7901;ng ph&#7843;n &#7913;ng ng&#432;&#7907;c l&#7841;i: t&agrave;i s&#7843;n r&#7911;i ro b&#7883; b&aacute;n m&#7841;nh khi thanh kho&#7843;n b&#7883; si&#7871;t ch&#7863;t.</p>
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-5-expanded-secondary-tariffs-tied-to-sanctioned-trade">5. Thu&#7871; ph&#7909; b&#7893; sung li&ecirc;n quan &#273;&#7871;n giao d&#7883;ch b&#7883; tr&#7915;ng ph&#7841;t</h2>

 
<p>Thu&#7871; quan th&#7913; c&#7845;p s&#7869; ph&#7841;t c&aacute;c qu&#7889;c gia mua d&#7847;u ho&#7863;c h&agrave;ng h&oacute;a t&#7915; c&aacute;c &#273;&#7889;i th&#7911; c&#7911;a M&#7929;, ngay c&#7843; khi nh&#7919;ng qu&#7889;c gia &#273;&oacute; kh&ocirc;ng ph&#7843;i l&agrave; &#273;&#7889;i t&#432;&#7907;ng tr&#7921;c ti&#7871;p b&#7883; nh&#7855;m &#273;&#7871;n. Trump &#273;&atilde; gi&#7899;i thi&#7879;u kh&aacute;i ni&#7879;m n&agrave;y v&agrave;o n&#259;m 2025 v&agrave; &aacute;p d&#7909;ng n&oacute; trong m&#7897;t s&#7889; tr&#432;&#7901;ng h&#7907;p n&#7893;i b&#7853;t.</p>
<p>N&#7871;u Trump m&#7903; r&#7897;ng c&ocirc;ng c&#7909; n&agrave;y v&agrave;o n&#259;m 2026, s&#7869; c&oacute; th&ecirc;m nhi&#7873;u qu&#7889;c gia b&#7883; l&ocirc;i v&agrave;o &ldquo;cu&#7897;c chi&#7871;n&rdquo; thu&#7871; quan v&agrave; t&#7915; &#273;&oacute; l&agrave;m t&#259;ng s&#7921; b&#7845;t &#7893;n cho to&agrave;n c&#7847;u.</p>
<p>&#272;&#7889;i v&#7899;i Bitcoin, y&#7871;u t&#7889; ch&#7883;u &#7843;nh h&#432;&#7903;ng l&#7899;n nh&#7845;t l&agrave; s&#7921; bi&#7871;n &#273;&#7897;ng. Khi b&#7845;t &#7893;n t&#259;ng cao, th&#7883; tr&#432;&#7901;ng th&#432;&#7901;ng c&oacute; nh&#7919;ng bi&#7871;n &#273;&#7897;ng m&#7841;nh h&#417;n, nhi&#7873;u &#273;&#7907;t b&aacute;n th&aacute;o, qu&aacute; tr&igrave;nh ph&#7909;c h&#7891;i c&#361;ng s&#7869; ch&#7853;m h&#417;n tr&#7915; khi d&ograve;ng ti&#7873;n l&#432;u th&ocirc;ng &#273;&#432;&#7907;c c&#7843;i thi&#7879;n.</p>
